Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Market Shennanigans and Thoughts
>
Reply to Thread
Message:
<p>[QUOTE="V. Kurt Bellman, post: 2494122, member: 71723"]And there it is, folks. Like Sheldon Cooper denying that geology is a real science, so too the Austrian School adherents deny the data and the expertise of trained mainstream economists. This stuff isn't really up for debate - Keynesian economics is hard science - every bit as much as physics with a little mass psychology thrown in. Austrian School is just making up dumb stuff because they can. That and naked political ideology.</p><p><br /></p><p>Keynes never even touched much on microeconomics - the economics of the individual. His was entirely a macroeconomic paradigm (exclusively large scale), which has never been shown not to work. You just have to look for the stimulus where it happens. In the 2008-09 stimulus, people bought Chinese products. China boomed from U.S. aggregate demand. That stimulus should have been required to go to domestic spending.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2494122, member: 71723"]And there it is, folks. Like Sheldon Cooper denying that geology is a real science, so too the Austrian School adherents deny the data and the expertise of trained mainstream economists. This stuff isn't really up for debate - Keynesian economics is hard science - every bit as much as physics with a little mass psychology thrown in. Austrian School is just making up dumb stuff because they can. That and naked political ideology. Keynes never even touched much on microeconomics - the economics of the individual. His was entirely a macroeconomic paradigm (exclusively large scale), which has never been shown not to work. You just have to look for the stimulus where it happens. In the 2008-09 stimulus, people bought Chinese products. China boomed from U.S. aggregate demand. That stimulus should have been required to go to domestic spending.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Market Shennanigans and Thoughts
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...